FreshBooks reduces headcount by 9%, CEO says company remains in “growth mode” despite COVID-19
Toronto-based cloud-accounting software company FreshBooks has laid off 38 staff members, which represents nine percent of…
Sport technology startup Form raises $12 million Series A
Vancouver-based Form, a sport technology startup that has developed augmented reality swim goggles for athletes, has raised…
Sampler mobilizing consumers to sew medical masks for essential workers
Toronto-based Sampler has launched ComeTogetherTO, an initiative that aims to send 2,000 sewing kits to consumers with sewing…
E-grocery tech project receives $250,000 from Digital Technology Supercluster to build provincial system
Food-X Technologies, a SaaS startup in the grocery space, has received $250,000 from the Digital Technology Supercluster to…
Report: Number of Canadian startups significantly impacted by COVID-19 slightly higher than global average
According to a new report for Startup Genome, 58 percent of startups in Canada say their industry has been “affected significantly”…
Clear Blue Technologies secures $5 million debt financing contract with BDC
Smart off-grid company Clear Blue Technologies has received $2 million from the Business Development Bank of Canada (BDC) as…
Tech reaction mixed to increased scrutiny on foreign investments as overseas buyers express interest
Reactions from members of the Canadian tech community have been mixed in regards to the federal government decision, last week,…
PocketHealth raises $9.1 million CAD in first round of funding
Toronto-based PocketHealth, which has developed a platform lets patients securely access and share medical imaging with doctors,…
CleanSlate UV raises $8.4 million CAD as COVID-19 increases demand for device sanitization
CleanSlate UV, a Toronto-based startup that offers a sanitizing product for mobile devices in hospitals, has raised a $8.4…
Techstars to hold Startup Weekend virtually as it shifts event focus to COVID-19 solutions
This week, global accelerator Techstars will host its first-ever online and national Startup Weekend. This time around, the…
Federal government allocates $306 million to Indigenous businesses during COVID-19 pandemic
Prime Minister Justin Trudeau announced Saturday that the federal government is allocating $306 million to Indigenous businesses…
Some banks begin rollout of EDC loan guarantee for Canadian businesses
Scotiabank and the National Bank of Canada are now offering the Export Development Canada (EDC) loan guarantee program for…
Shopify challenges its partners to build an app that helps entrepreneurs during COVID-19
Shopify has launched a new initiative that challenges teams within its partner network to build an app that helps businesses…
The three big questions Canadian tech startups are asking during the COVID-19 crisis
The rapid evolution of the COVID-19 pandemic into a global crisis could signal big trouble for Canadian business. The life…
Software engineers create online tool to help companies find available government COVID-19 relief
A group of Canadian software engineers has created Corona Support, an online resource intended to help people and businesses…